Dow intraday: the downside prevails below 28900.
Intraday support: ***28400 (previous low, 50 Day MA), 28151
Intraday Resistance 28700 (previous close), 28900 (50% fibo, gap), 29000 (week pivot, 61.8% fibo)
Note that the DOW 30 is a lot weaker than the other US indices, and may not be representative of the broader US market. The Dow trades near the 50 day moving average, while the SP500 and Nasdaq 100 still have some way to go. Hence just looking at the Dow may make the market appear a lot weaker than it actually is. On the SP500 and the Nasdaq100, the short/medium term trend remains solidly up for now.
Over the next few days, make sure to keep an eye on the 50 day moving averages levels as it may trigger some large algo based sell orders.
Dow Future Dow cash SP500 Fut SP500 cash Nasdaq 100 Fut Nas 100 cash
50 day moving average 28400 28413 3209 3205 8707 8680
Intraday support: ***28400 (previous low, 50 Day MA), 28151
Intraday Resistance 28700 (previous close), 28900 (50% fibo, gap), 29000 (week pivot, 61.8% fibo)
Note that the DOW 30 is a lot weaker than the other US indices, and may not be representative of the broader US market. The Dow trades near the 50 day moving average, while the SP500 and Nasdaq 100 still have some way to go. Hence just looking at the Dow may make the market appear a lot weaker than it actually is. On the SP500 and the Nasdaq100, the short/medium term trend remains solidly up for now.
Over the next few days, make sure to keep an eye on the 50 day moving averages levels as it may trigger some large algo based sell orders.
Dow Future Dow cash SP500 Fut SP500 cash Nasdaq 100 Fut Nas 100 cash
50 day moving average 28400 28413 3209 3205 8707 8680
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.